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times are among the highest in the country and let's not forget that taxes and spending in recent years to support the plan are under governor duval patrick have gone up substantially. we'll look at more of the claims by president obama in just a moment, but first, president obama now not the only one stonewalling for his health care plan. secretary secretary kathleen sebelius trying to get some answers about the disastrous obama care rollout. nbc news steve handelsman joins us. >> part of the parade of horribles as president obama calls it is millions of americans losing their health care and that's happening here on capitol hill, obama hhs secretary kathleen sebelius says blame insurance companies for millionses of americans getting lers and emails that they're getting dropped. republicans said president obama, with the help of kathleen sebelius, won reelection promising that if you like your health care coverage, if you like your insurance, if you like your doctor you can keep them. that, said a republican, amounts to political deception. >> millions of individuals who by listening t
in any temperature, even cold. tideod pop in. stand out. ♪ 'cause i'm the tax man, yeah, i'm the tax man♪ >> i love that music, i mean, that's just perfect because higher taxes may be coming thanks to obamacare. a report in the new york times that says millions of people will get free health coverage under obamacare. grover norquist joins us on the demands for ever more taxes. we're about a minute from the opening bell. come in from chicago, larry levin. look, larry, i've got a new poll from citigroup that says that 20 very rich families keep 39% of their assets in cash, only 25% in stocks. i'm surprised as so much cash. what does it tell you? >> well, it tells you those people have a whole lot of money, stuart and they've got less problems than a lot of people, even a lot of traders down here, you know, if you're going to keep-- >> do you think they're worried? do you think they're nervous with stocks as an all-time high and bonds doing very well, too? are they nervous? >> again, i think they may be nervous to a certain extent. you should be a little nervous when the markets are on t
for by the payroll tax. that's called -- a kind of single payer. but the republicans for years have been saying -- no we don't want it that way. we want private insurers. we want a profit motive the we want a market. and indeed if you look back, historically, richard mixston came up with a proposal that was very, very close to the affordable care act. democrats didn't like it. it wasn't close enough to social security and medicare. mitt romney, the reason the president is -- in massachusetts is because obama care was modeled exactly after romney care in massachusetts. including the individual man date, which mitt romney after he signed that into law and was asked where did the mandate come from. he said an idea from the heritage foundation. and i heard from it through newt gingrich. that's where -- that's where this comes, this comes from. so for republicans now to turn around and say, oh, we think this is just awful. we don't like any of this. well it its beyond ironic. it is sort of -- tragic and combic com comic. >> secretary sebelius -- >> the president made it clear. and our policy was put
the treasury department showed a combination of more revenue like taxes and less spending. that led to a gap of $680 billion. guess what. it takes revenues and spending cuts to cut the deficit. they ought to work together on that. $2.08 billion is how much americans are spending on candy for halloween this year. never mind the declarations for the national retail federation. they expect an additional $2.6 billion on costumes and more people in my neighborhood i swear do halloween decorations than for the holidays. 75 days is how many we have before the primary for the special election for the late bill young and florida primary will be key to see the better position for the march 11 general election. the special election of one of the most competitive seats left in the house of representatives. 16 is how many democratic women senators all in fact signed in a private letter to hillary clinton urging her to run for president in 2016. they spilled the beans about it and a list in new york on monday, sources say barbara boxer led the effort that included other names mentioned as candidates inclu
, in a balanced way. we've heard from senators about the need to modernize the tax code and move toward real tax reform. while the committee can't get it done. we can move in that direction in a substantial way. making a modest cut of only 5% of the trillion dollars a year we spend through the tax code would make huge dent in the deficit. lastly, we have to don't make some reduction in direct spending. although i know that's the area taken the hardest hit. i'll insist on doing in a way that put a circle of production around around the most vulnerable and honoring our promises to seniors, veterans, and about to retirement to protect them from cuts. chairman rhode island i know, chairman muir ray. i'm glad we have come together. we need focus not on the area of disagreement but priority we share. reducing the deficit, and ensuring our long-term prosperity. thank you. >> thank you. i've learn something. i know, you refer to yourself as delaware begans. senator ayotte. >> thank you, mr. chairman. i want to thank you and thank chairman murray for your leadership and everyone at the table who is comi
they weren't really raising taxes on the wealthy. we were just returning to clinton era levels. listen. >> all we're asking is that folks like me go back to the rates we paid under bill clinton. >> the same level they were during the clinton administration. >> it's bringing tax rates up to what it was for the wealthy in the clinton era. >> so is this a cut to food stamps or not? >> sure, it's a cut to food stamps. let's not play semantic games. if you were getting a certain amount of food stamps yesterday and today you get less, that's a cut. now, that said, the fact is that we are still spending more and more money on this program, and we can't just continue to expand it forever. >> but isn't it because people need it? look, there's this perception out there that -- and you've ever seen, not everybody on food stamps needs food stamps to survive. there's this perception that some of these people might be lazy. there's a perception that people are somehow gaming the system. but when we talk to food bank people who run food banks, they say that is not what we see coming through the front
's the 1st of november, but a huge tax hit is being taken out of that in the state of california. some people say, oh, poor kobe, but maybe that would make him want to play for the rockets -- [laughter] >> more and more i think athletes are considering this, you know? the money they're making now you say, okay, maybe it's not as bad. we know up until recently athletes, you know, have gone broke or really said, golly, have to find a new job or career, but almost 40% federal, 3.78% for medicare and 13.3% california. so 56.7% of his income going to taxes, and it's an environment of paying your fair share, you know? i don't know how much of the public services out in california he's using. i just don't think it's that much. i don't think it's $14 million worth. connell: not exactly a sympathetic figure, but we get your point. >> that's the whole thing. no one's sympathetic except when it starts to trickle down. ofof course, in france they're starting to talk about not even having a soccer season this year. connell: 75%, incomes over a million euro? >> yeah. 75%. and so now the owners -- da
but they will have some new options for those who want to cover their employment and new tax credit possibilities. for large employers, 96% already cover their employees. the penalty that you're constituents referred to is not a penalty that is imposed in 2014, it is being discussed with businesses about what kind of information is exchanged and it will take place -- >> i thank you. he's going to use the gavel on me if you don't hush. i yield back my time. >> how much time -- the chair would recognize the gentle lady from california, miss eshoo. >> welcome, madam secretary. you're a distinguished woman, you have distinguished yourself and your state, the offices that you've held and now working for the american people and i salute you for it. i want to really congratulate my republican pals for being absolutely 1,000% consistent. you love what's wrong with the web site and you detest what's working in the affordable care act, and i think that that is on full display here. but let's get back to the web site because that's what the hearing is about. it's my understanding that november 31st is the -
to stay in network. great plans. by the way, what about when you're going to get taxed for the golden plan? you're paying $20,000 a year-plus. but now we're going to tax you because you're paying too much. >> what's interesting, senator, is the fact that i think over the last couple of weeks, going on to a month, mainstream media is kind of waking up to this. i think the story that only six people signed up on the first day came from cbs news. a lot of people are going we really believed this guy, but maybe we shouldn't have. >> can you imagine? at the end of the day 47 people, and they're saying hundreds of thousands of people -- >> it's the volume. that's what broke it. the volume. >> right. you know what it is? it's just this idea i'm going to do it my way. it's the old story of power. absolute power corrupts. so when the democrats controlled both houses overwhelmingly, they didn't look for compromise. they didn't look to involve others. they jammed it through. now they're paying the price. they're not. the american people are going to suffer. >> i read a lefty blogger somewhere on the
affordable health care as everybody else. a lot of people will qualify for new tax credits under this law that will bring down costs even further. so that if you lose your job or you start a new business or you are self-employed and you are a young person looking at several jobs until you find one that sticks, you can stay insured, insurance that goes with you and gives you freedom, without fear of accidents or illness will derail your dreams. this marketplace is open now. insurance companies are competing for that business. the deal is good. the prices are low. but let's face it, we have had a problem. the web site hasn't worked the way it's supposed to over the last couple of weeks. and as a consequence, people haven't had a chance to see how good the prices for quality, affordable health insurance through these marketplaces really are. ultimately this web site, healthcare.gov will be the easiest way to shop and buy these plans because you can compare prices and see what kind of coverage it provides. but, look, there's no denying it, right now, the web site is too slow, too many people
used to work for have sold in the past. in fact, the majority of them will qualify for tax credits or subsidies to bring the cost down. so they will be paying less for better coverage. >> quickly, did the administration over-promise when they said repeatedly if you like your plan you can keep it? >> well, it was unfortunate language. because the president nor congress in this law can really control the insurance companies that well, that effectively. they control the health care system in many ways. they're able to get away with this, and they are, as we're seeing. >> right, it was a promise that they're seeing they could not themselves keep. wendell potter, thank you very much. >>> all right, congressman barney frank's name was brought up, cited as the authority, the man supporting the bill. but that is not exactly the case. he will be here to react coming up next. >>> a big day for congress today, back in the swing of things, back to work. house of representatives holding one of its first floor votes since the government shutdown ended two weeks ago. and what did they vote on? th
of stuff that you have to supply to the irs to try to get tax exempt the fec had asked for information about these groups. and they specifically asked public information. they were not asking for anything private. there was in note from the fec about a group called the american future fund. and the fec official wrote if the irs has granted this group's exemption, would it be possible for you to send me the publicly available information and documents related to it. >> i mean,. >> this is so outrageous. i mean, beyond --ean, this happened in february of 2009. and these are emails, i mean, it's not like this is -- like a big mystery at this point. these are her emails to the fec? >> right. >> is she being looked at or investigated for criminal prosecution? it's not legal to send that information. i mean, enough is enough. at some point, you know, someone ought to take a look at this. >> we don't know what, if anything, prosecutors are doing right now. they don't come out and announce it usually when they are starting these kinds of investigations. this stuff is clearly illegal. >> we hav
federal tax dollars will fund president obama's insurance plan, but yet he's going to fine me and penalize me for something i can't afford to buy. it makes me very angry. >> tatter says there is one positive aspect to obama care. it has allowed her 24-year-old son to remain on her policy. that is until january 1st when tatter says no one in her family will have health insurance. bret. >> john, thank you. >>> from president obama, this has been a halloween week in which his praumshs about his health care reform plan have come back to haunt him. tonight, a new example. here's jim ingle. >> president obama's made several promises about the new health care plan, but two of them collide with each other, including one pledging many people will pay very little. >> one study shows that nearly 6 in te10 uninsured americans may find coverage for $100 a month or less. >> he also made this promise. >> if you like your doctor, you will be able to keep your doctor, period. >> he said he didn't want to interfere with people's relationships with their doctors, but he can't keep both those promises at the
tax. stuart: that's important because the website crashed in a test days before the launch. >> those are confidence questions. >> why didn't miss sebelius go ahead and launch? did she tell the president it was a mess before it started? that's a good question. >> of course even the bigger questions are, why did this administration lie to the american people again and again? >> okay, the question right, that's just been asked, are there any penalties for the contractors, and here is miss sebelius' response. >> and coordinate the activities moving forward which have to be driven with a very clear set of outcomes, very accountable time lines and deadlines and they will be helping to manage that process. >> on the issue of the security, there was a security breach that arose recently that i read about at any rate and what i think is very important here because the issue of privacy has been raised and i think that that has been answered because very importantly, there isn't any health insurance in these systems, but there is financial information. so my question to you is, has a security w
, pay taxes, do whatever is legal if you can afford it. the last thing we need are more laws. enough trying to control everyone. that comes from a nonsmoker. >> there's so much medical proof that we know for sure, if we can help prolong -- >> they start younger. >> i think that voting, you can't compare voting and buying a pack of smokes. i'm so sorry. >> i don't know. >> you're very passive today. i want to be your new nancy. >> a young woman blogging about -- i'm trying to get -- >> you are. go for it. go for it. >> this is my favorite topic. we'll get on this one. a young woman blogging about her adventurous serial dating, with one goal in mind. to fulfill my restaurant hit list. and there's a, quote, dating site, for food lovers where women are taken out to their favorite restaurants. i say, if the guys are dumb enough, more power to the women. these are people who are laying out what their goals are. this woman is publicly saying, this is why i'm doing it. if this guy wants to take her out -- >> i don't agree, my friend. >> lara, go. >> there's another name for that. i don't thi
. they don't care about hard-working americans who own property, who pay taxes. these regulations could be -- keep you from developing your property, keep you from perhaps fixing a storage issue, drain issue on your property, if you have water drainage issues, you need to fill in some holes or something. these regulations will keep you from doing what you want to do, what's best for your property. >> you know, it sounds, in addition to a great big power grab, it sounds like this is also a way to create some fine revenue, where if you're doing something wrong -- and who knows what it is -- it's broad enough they can say anything is wrong, they're going to start levying fines against people for standing water on your property. >> right. or you have to get a permit. i think the bigger picture is about control because environmentalists don't want land to be developed. they don't want oil or gas or coal to be drilled out of the ground. remember, the e.p.a. has regulations on the coal industry. it's killing jobs and it's bankrupting the coal industry. when you think about it, it's a power gra
the federal government want to track you in your car, they want to tax you for every stinking mile. dorothy hamill the ice skating legend joins us live. she has a great story to say to you. cheryl casone has the top five companies hiring right now and one of the funniest people in the world tim conway has a brand new book. he will be right here on the couch with us. it's your channel for news "the fox news channel." well, did you know that when a tree falls in the forest and no one's around, it does make a sound? ohhh...ohhh...oh boy! i'm falling. everybody look out! ahhhhh...ugh. little help here. geico. fifteen minutes could save you...well, you know. anybody? >>> cell phones can do many things, even stop a bullet. a florida man pulled a gun on a gas station clerk and demanded money. when he didn't open the safe, the would-be robber fired a shot and took off. later when the clerk grabbed his cell phone from his shirt pocket, he found a bullet lodged in the screen of his phone. wow. >> we all know facebook can tell us a lot about a person but scientists are now saying they can piece togeth
income-tax returns, 71% of them were in real estate. you see, in high school and college, they teach us how to get a job, but at my live events, i take pride in teaching you how not to be dependent on a job and how to take control of your own destiny. >> before going to than's event, i was livi paycheck to paycheck. in fact, on my first deal using than's system, i had nothing in my savings at that point. on that deal, i made over $40,000. fast forward to where i am today -- my net worth has grown astronomically. i am buying and selling multiple properties every month, and the sky's the limit at this point. i absolutely love knowing that i do not have to depend on anyone else for money ever agn. >> we have so many successful students just like marina, who came to one of my events, who just wanted more opportunity and a better life, learned my system, and are now out there making money in real estate, loving what they do. throughout this show, you're gonna see and hear from successful students of mine from a wide variety of different backgrounds, from teachers to truckers,
these subsidies kick in. for a lot of folks, the premiums might be higher, but when you factor in the ta tax write offs, most are going to be paying less. >> let's talk about the website debacle here. it may have turned off a lot of young people, healthy, single people, the exact group the obama administration was hoping to target. why is it such an issue? >> that is the issue. what we want to see in these markets is getting as many people enrolled as possible. just as you suggested, we essentially want the young folks to share the risk with the old folks. i think the challenge here is that the folks are going to oh sign up are those who are going to need it the most. again, this is not without precedent. when i first bought my iphone, you needed to wrap it in a rubber band gizmo to stop it from dropping calls if you held it the wrong way. they never intended to run these in 36 states. they're doing it because there are a host of governors out there who said we don't want to implement the laws where we live. is it surprising? not particularly. this is something where we can see it improve. the fun
to say sochris. >> let's wait a couple of months. they have to been they will pay a penalty tax. this is the problem, there is a passive attitude by some on the left that it is a technical glichlt it is not. it is a disastrous malfunction on the biggest plan that the president pushed in his administration. the fact that he is so detached is concerning. >> go a head, chris. >> i find it humorous when they talk about obama care and health care in general. i want waiting for a health care proposal on the other side or fixes. are there problems with the roll out absolutely. the question is how do you fix those? the administration is focused on fixing the problem. six months we have serious issues. i hope i hear more solutions than simply critizing. >> the republicans are not your problem. who is critizing the roll out. john stewart. saturday night live. that's why the paradigm shifted. you are angerring a lot of people. >> come up with a credible solution to fix it. >> you know the whole roll. we have come up with many. >> he is practicing his lines today. >> thank you. >> gentle ma
should set aside pre-tax dollars to pay out-of-pocket medical expenses. the treasury department saying you will be able to roll over $500 a year if necessary. remember that use it or lose it rule, for years if you put money in the flexible spending account and didn't use all of it you lost it. now you will be able to carry over $500 into the next year. there is some 14 million americans who use these flexible spending accounts, also called fsas, so this will affect an awful lot of people. you will be able to roll that over. it should be noted the limits have changed, used to be $5,000 you could set aside pre-tax dollars to pay out-of-pocket expenses. now it's more like $2,500 so do the math on what your family consumes in health care and out-of-pocket expenses are. at least you know, carol, you can roll over $500 of it. i used to run at the end of the year and buy a pair of glasses or stock up on a bunch of stuff that i needed so i could use all the money and now you don't have to do that anymore. >> we'll check and do our homework. thank you, christine romans, very much. >>> still to
. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >>> checking ourop stories -- new documents say six people were able to register for health care insurance through the obama care website the day it went live. the administration says such early data is unreliable. >>> authorities have three men in custody in connection with a sophisticated drug tunnel under the u.s./mexican border. >>> and a line of storms stretching nearly 2,000 miles marching across the eastern half of the u.s. set to slam the east coast with high winds and torrential rains. >>> looking at today's weather. showers in the nthwest, warming up in the southwest. rain and wind around the great lakes and along the entire eastern seaboard region. drive carefully on the i-95 corridor and pack that umbrella. >>> finally, a wide range of stories for the late-night comics to poke fun at this week. >> here, now, your "friday funnies." >> the red sox beat the cardinals in st. louis last n
comploverwhelming is. when you multiply it by the business of life. all those bills, budgets, accounts and taxes. it's a complex problem, but you don't have to solve it by yourself. at intuit, we make tools to help you simplify it all, so you can focus on what matters most. intuit. simplify the business of life. >>> many people text more than they talk, but could that be hurting relationships more than helping them. tonight on the news at 11, the conversations you need to have in person rather than typing. >> i like the idea of that story. it's all about the screen. hey a mild night in the 60s and cooling off. again, don't forget to fall back sunday morning. >> want to throw some pumpkins around? >> oh, there they go, painting them purple, too. . >>> welcome to world news, and the breaking news this friday night, the deadly shooting at l.a.x., the passengers running for their lives. >> we have an active shooting in terminal 3. >> the tsa officer shot dead. what was the motive? our late reporting from the scene tonight. and my interview with a passenger, the chilling moment face to face with the gunm
better insurance or less cost and in some cases people whose cost goes up will receive government tax subsidies that actually reduce what they finally pay. gretchen? >> wendell, thanks so much for providing a lot of those answers for us. >>> speaking of the obama care website, now you see her, now you don't. the smiling young woman featured on obama care's website, guess what? she's gone now. scrubbed out in an apparent web do-over. in her place, the far less eye catching quartet of really brilliant icons. to sign up for obama care. the identity of the woman remains a big secret. hard to believe since most people in washington can never keep a secret. there's some speculation she was scrubbed from the site to keep her safe after she became the target of heated criticism of the site in social media. so we want to hear from you. what do you think happened to the young woman on the obama care website? tweet us using #therealstory. my facebook question of the day as well. head over there. weigh in. we'll read your tweets and e-mails and facebook posts at the end of the show. >>> meantime,
no matter how you pay for it. whether it's private pay, tax pair pay, if the cost of health care is going up faster than wages and profits we can't sustain it. system reform is essential. >> i would agree with you, peter. that's one of the big missed opportunities with the president's health care is dealing with the cost of the health care supposed to focusing on who's going to provide it, government or private sector. >> congressman welch, given all the problems of the website including it remains down right now, these are critical days, obviously, in trying to encourage people to sign up, is it time to consider delaying some of the penalties for people who don't have the affordable care act provisions by the required dates? >> i think common sense fairness is that you have to align the penalties with the access to the web site. you can't impose a penalty on somebody who didn't get the coverage because the website was broken. i think we've got to be paying real close attention so that people have a fair amount of time in order to get on the website. and so i think a common sense approach is
is this. obama care is not just any piece of legislation. it's not like immigration. not like a tax hike. obama care is the core of the new expansion of the liberal idea. this is sort of the continuation of the new deal. the continuation of a great society. in a sense the way liberals portrayed it, it is the completion of the entitlement state. the one element that separated us from the rest of the advanced industrial countries saying we were the only one with people who were not covered. now we're going to enter into the realm of those who insure and protect everybody. if this collapses, this huge expansion of the entitlement state, this essential nationalization of one sixth of the u.s. economy, i think that discredits the entire enterprise of the expansion of government which is at the heart of obamaism. that's why liberals are running zar escared. not just one election. it's the ideology that the government knows best, the government will take care of you. put your trust in the government or as obama said you didn't build it, the government did. it can't even construct a website. >>
taxes on families and small businesses significantly, number one. secondly, it's also going to raise the cost of premiums for everybody significantly. that could make insurance more out of reach. >> joining me to try to defend his old boss former obama economic adviser, always with a smile on his face. >> only here to defend the truth, not my boss. >> you care about the truth. >> i'm here to defend the truth. >> if a promise made, if you made a promise to your kids you would keep your word, right? >> first of all -- >> would you -- >> how are you not having me in for halloween. you have a guy named "ghoul"-sby. >> too scary. kathleen sebelius was getting grilled on capitol hill. congressman edwinfield asked b about the four pinocchios. the washington post is calling your former boss a liar. that's outrageous. i want to show you this. >> the washington post gave the administration, the president, yourself four pinocchios on if you like the insurance you have, you can keep it. would you recommend to the president that he stop using that term? wouldn't that be helpful in this debate? >>
want to cover their employees and some new tax credit possibilities. for large employers, about 96% of them already cover their employees. as you know, the penalty that your constituents refer to is not a penalty that is imposed in 2014, it is being discussed with businesses about what kind of information is exchanged and will take place in 2015. >> he's going to use the gavel on me if you don't hush. i yield back my time. >> the chair would recognize the general lady from california, miss eshoo. >> thank you, mr. chairman. welcome, madam secretary. you're a distinguished woman. you have distinguished yourself in your state, the offices that you've held and now working for the american people and i salute you for it. i want to really congratulate my republican pals for being absolutely 1,000% consistent. you love what's wrong with the website and you detest what's working in the affordable care act. and i think that that is on full display here. but let's get back to the website, because that's what the hearing is about. it's my understanding that november 31st -- is a hard date fo
support and input from its employers, as we did, without raising taxes and by carefully phasing it in to avoid the type of disruptions we are seeing nationally. joining me today, democratic strategist and principal at the raven group, jamal simmons. random house executive, john meachem. and senior staff writer at salon, brian boitler. also joining us, white house correspondent peter alexander. peter, let's talk about what has just happened. 3 1/2 hours of what i will say is exhaustive testimony from kathleen sebelius, defending the president, defending the affordable care act. the president is going to sort of follow that up later today, this afternoon. how concerned is the white house at this point? republicans seem to have moved sort of -- they have a hybrid strategy of attacking both the website and the quote/unquote president's failed promises that everybody could keep their health care. from 1600 pennsylvania avenue, what's the view? >> i think there's definitely frustration. there's obviously concern, as you have conversations with white house officials privately. they hop
by states with bipartisan support, and input from its employers, as we did without raising taxes and by carefully phasing it in to avoid the type of disruptions we are seeing nationally. now, of course, that statement comes on the heels of the glitches that the obama administration has been dealing with over oh the past several weeks and also on the heels of the latest allegations and criticism of the president he has misled people will i saying if you like your health care plan, you can keep it. of course, we're seeing that is not the case. the white house defending that by saying, look, about 5% of people don't have health care plans that meet the basic standards. and the new federal standards that are going to be put -- come into play under the president's health care law. on a lighter note, i can tell you that president obama, who arrived here in boston, was greeted by a number of the officials here, governor due value, patrick, boston mayor tomini. there is another big headline, world series game six set to take place tonight. mayor tom menino gave president obama a boston r
in the new marketplace. that's what it's for. because of the tax credits that we're offering, and the competition between insurers, most people are going to be able to get better comprehensive health care plans for the same price or even cheaper than projected. >> see ya, republicans, you're on the wrong side of history. did you hear what the president just said? if you're getting one of these letters that the republicans are so concerned about, just go to the exchange. you will get better insurance and your prices will go down. it is hilarious to see what has unfolded in these meetings on capitol hill, these hearings. we have seen now the republicans step forward and defend junk insurance. what else would you expect from the republican party, but a bunch of damn junk. and the president didn't stop there. he went on to call out the mainstream media for misleading the public about obama care. >> for the fewer than 5% of americans who buy insurance on your own, you will be getting a better deal. so anyone peddling the notion that insurers are cancelling people's plan without me
points. taxes
't expect any huge grand bargain. don't expect an agreement in the next several weeks on dramatic tax reform. you have paul ryan, patty morrie saying the same things, they want to talk, they're open to compromise. when you start asking about the details, are democrats ready to make big changes in social security and medicare? are republicans ready to make tax changes that include new revenues? you still get resistance. right now, the atmosphere is good. there are a lot of problems when it comes to the specifics. it's not time to put up a clock yet but we should have the control room staff having a deadline clock ready. we may dance through this again. >> and again, again, the issue continues to be new revenue taxes, however you want to label it we'll be talking about that much more. thank you so much, john. great to see you. >> the issues are not new. it's just a question of whether you can get a break. >> and if the political will is there to actually do something. we will see as i hate to say but have to say. thank you, john. >>> what's going on, michaela? >> i want to see him jump for joy
with a disability. no. low taxes for the very rich are just too important. joining us now, i'm delighted to say, is democratic congresswoman caroline maloney of new york. good afternoon, ma'am. >> good afternoon, martin. >> this cut works out, i think, to about 8 cents per meal. that may not sound a lot to many people, but i know in addition to an event today with new york coalition against hunger, you recently visited a children's food pantry in new york and saw firsthand what this is like. >> well, what it translates into, this $5 billion that this cut is going to be is the scariest halloween ever for hungry americans. it translates into roughly $1.50 that they get per meal per day. and this cut will -- >> $1.50. now, i can't buy -- >> they're going to cut thought. >> -- coffee for $1.50 in this building in rockefeller center. they want to cut it from $1.50 to $1.40. >> try living on $1.40 per meal in america. people are hungry. they are hungry in america. roughly 50 million people are not getting three meals a day, and they're cutting not only the $5 billion that goes into effect tomorrow, b
on top senate democrat harry reid's allegation against mitt romney that he hadn't paid taxes in ten years. this was very damaging at the time although it turned out to be untrue. where did that come if? the book says it came from john huntsman sr., the father of romney's republican political rival. long-time rival, chris -- kate. sorry. >> lots to talk about. jonathan marten is a national political kpon for tcorrespondee new york times." he wrote about these revelations. great to see you. >> good morning. >> lots of revelations in this book that you got the sneak peek on. there were rumors, speculation about biden out, clinton in. how seriously do you get the sense that they took this, even bill daly was looking into it. >> i spoke with bill daly yesterday on the phone. he was the chief of staff at this time. this is the fall of 2011. what he told me was that he and a handful of top aides were concerned about the president's prospects at that point. his poll numbers were really plunging and they were looking at options to try and bolster his re-election going into that year. and -- so i t
under obama care, you and me in terms of taxes, in terms of job structure. a lot of research is coming forward. let's break it down and look at deductibl deductibles. >> the sticker shock on deductibles will hit first. >> "the chicago tribune" did a survey of the exchanges and found that all of the nearly so-called lower plans, premiums will get you on the other side. they'll charge you more for the deductibl deductibles. annual deductibles of more than $4,000 for an individual. $8,000 for a deductible for a family. that's all the money coming out of your pocket. >> number two you mentioned, death spirals. we heard about all of the young folks that need to sign up for this. what does this mean? >> we need 2.7 million younger healthies as we're referring to them to fund, to support. this is the underlying issue of obama care. who's going to sign up first? older, sicker americans. so they're going to pile in driving health care costs. they have obviously higher costs. they're going to drive premiums higher. why would a younger healthy want to continue, keep up with obama care if those pr
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